GSS America company Service Lines : GSS America company provide many services and sources.They provide IT Services, which include IT oursourcing, project oriented services.

GSS America company support R& D services and software products.Which includes product development, design and development of embedded systems and sales of packaged/proprietary software.

Any long term capital gains arising to a shareholder from transfer of long term capital asset being equity shares in a company.

The share holders the following conditions are satisfied.

1.The transaction of sale of such equity share is entered into on after 10th september 2004.
2.The transaction is chargeable.

This company has focused on Custom Application Development, Infrastructure Managed Services, Enterprise Portal Service, Virtualization Services and Professional Services.

GSS America company is one of the fastest growing and IT consulting and software development company.

Under section 48 of the Act, if the investments in shares are sold after being held for not less than twelve months, the gains (in cases not covered under section 10(38) of the Act), if any, will be treated as long term capital gains and the gains shall be calculated by deducting from the gross consideration,the indexed cost of acquisition.

Indian exports of project oriented services grew from USD 3.2 billion in FY 2002-03 to USD 3.9 billion in FY 2003-04 – a growth of19.2 % over the previous year. In contrast, the worldwide market for project oriented services grew by a mere 4.8% over a comparable period. While India continues to lead in traditional segments, vendors are now also gaining ground in newer services such as system integration and network infrastructure management.

Indian It Services and software product exports are categorized into:

GSS America India has develop IT Services, which include IT outsourcing, project oriented services, support and training;R&D services and software products, which includes product development,design and development of embedded systems and sales of packaged/proprietary software.

Industry Outlook

While the forecast spend in the global IT-ITES industry remains moderate, GSS America India Industry is expected to continue on its significantly higher-than-average growth trajectory. As before, service exports will be the key drivers of this growth – suitably complemented by a booming economy and a growing domestic market.

Global delivery model:

GSS America India facilities have been modelled, and employees trained with the objective of delivering world-class quality and operational excellence to the clients. We have four offices spread across 2 countries.

The promoters have succeeded in imbibing a unique culture that fosters growth through commitment to technology, quality & employee relationships. They have assisted by a professionally qualified team of people with high level of expertise in the
industry.

Clientele includes major Fortune 1000 companies that includes Ernst & Young, Blue Cross Blue Shield of NC, BMC Software, Kelly Services, Thomson, Aurora Healthcare, WR Grace & Co, TDS Telecom, Pepsi Co, etc. As a strategy to de-risk, the Company has diversified its portfolio of service offerings by acquiring profit making IT services companies in USA.

1. Right to receive dividend, if declared;
2. Right to attend general meetings and exercise voting powers, unless prohibited by law;
3. Right to vote on a poll either in person or by proxy;
4. Right to receive offers for rights shares and be allotted bonus shares, if announced;
5. Right to receive surplus on liquidation;
6.Right of free transferability;

GSS America India has be available to a shareholder of a listed public company under the Companies Act and Memorandum and Articles of Association of the Company.